Air Serbia achieves record profit of €40.5 million in 2023

Air Serbia has posted a record annual profit of €40.5 million ($44.14 million) for the full year 2023, practically doubling its profit compared to the previous year. The Serbian national carrier reported a yearly revenue of €627.9 million ($684 million), surpassing half a billion euros in revenue since its relaunch in 2013. The introduction of 23 new destinations helped the carrier transport a total of 419 million passengers across its scheduled and charter services, the airline’s third-best result in its nearly 97-year long history. The share of passenger transfers also increased to 40% from 35% in 2022. “We are very